$3,450,000
SOLD SEP 2, 2025

10040 E Happy Valley Rd Unit 512 Scottsdale, AZ 85255

Desert Highlands Neighborhood
4 Beds
5.5 Baths
6,821 Sq Ft
0.97 Acres

Recently Sold

$506 Per Sq Ft

1% Below List Price

48 Days on Market

Highlights

  • Concierge
  • Golf Course Community
  • Gated with Attendant
  • Sonoran Trails Middle School Rated A-
  • Fitness Center
  • Private Pool

About This Home

As of September 2025

Immediate Golf Membership at Close of Escrow. Prepare to be in awe of one of the BEST views in all of Scottsdale, whether you are looking for sunsets, mountain, or city light views this magnificent home has dramatic views of everything you could desire! Picture living in your own freshly updated five star resort with breathtaking views from every room all while enjoying the best amenities imaginable. From the dramatic great room with soaring ceilings, warm fireplace, an automatic 20 ft pocket doors that extends the indoor spaces to the outside, to the dramatic boulder outcroppings and valley views entertaining is made easy. Perfection continues with the cozy family room and lounge area centered around the dramatic boulder outcroppings, this is the perfect place to curl up and and watch a movie, read a book by the natural light or enjoy a glass of wine with guests. Cooking in the gourmet kitchen with designer appliances is even more enjoyable with the 180 degree views, expansive island, double breakfast bars, casual eat in nook and formal dining room. With all 4 bedrooms being private en-suites you and your guests will continue to be pampered by the built in coffee bars, fireplace, and sitting nooks; each room with its own special features, which are elevated even more in the master retreat complete with coffee bar, sitting room, private view deck, expansive walk in closet with custom cabinetry, and a luxurious master bathroom with jetted soaking tub, a full stone slab walk-in shower with multiple shower heads and jets, separate his and hers vanities as well as separate commode rooms. In addition to all of this there is a private office / den currently being used as a workout room with windows on 3 sides to take in all of the views plus its own private view deck. As if all this wasn't enough, the outdoor spaces are just as magnificent with plenty of covered and uncovered decks, a palatial glass tile negative edge pool and spa, outdoor BBQ, artificial turf, and more... Come live your best life in this one of a kind masterpiece.
Owning in Desert Highlands has its privileges; this amazing home comes with an immediate Full Golf Membership to Desert Highlands where you will enjoy an 18 hole Jack Nicklaus Signature Golf Course, an 18 hole par 42 putting course designed by Gary Panks, 13 perfectly groomed tennis courts (grass, clay, & hard courts) as well as pickle ball courts, a state of the art fitness center, multiple dining options, and 24 hr guard gated security!

Last Agent to Sell the Property

Dana Bloom

Engel & Voelkers Scottsdale Brokerage Phone: 480-600-6606 License #SA531543000 Listed on: 01/03/2025

Engel & Voelkers Scottsdale

Co-Listed By

Jeff Bloom

Engel & Voelkers Scottsdale Brokerage Phone: 480-600-6606 License #SA088715000

Last Buyer's Agent

Dana Bloom

Engel & Voelkers Scottsdale Brokerage Phone: 480-600-6606 License #SA531543000 Listed on: 01/03/2025

Engel & Voelkers Scottsdale

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,674

Year Built

  • Built in 1986

Lot Details

  • 0.97 Acre Lot
  • Private Streets
  • Desert faces the front and back of the property
  • Wrought Iron Fence
  • Block Wall Fence
  • Artificial Turf
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer

HOA Fees

Parking

  • 3 Car Direct Access Garage
  • Garage Door Opener

Home Design

  • Santa Barbara Architecture
  • Spanish Architecture
  • Wood Frame Construction
  • Tile Roof
  • Built-Up Roof
  • Stone Exterior Construction
  • Stucco

Interior Spaces

  • 6,821 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Ceiling height of 9 feet or more
  • Gas Fireplace
  • Double Pane Windows
  • Low Emissivity Windows
  • Mechanical Sun Shade
  • Wood Frame Window
  • Solar Screens
  • Family Room with Fireplace
  • 3 Fireplaces
  • Living Room with Fireplace
  • Mountain Views
  • Security System Owned
  • Washer and Dryer Hookup

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Cooktop
  • Built-In Microwave
  • Kitchen Island
  • Granite Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 5.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bidet
  • Hydromassage or Jetted Bathtub
  • Bathtub With Separate Shower Stall

Pool

  • Private Pool
  • Spa
  • Diving Board

Outdoor Features

  • Balcony
  • Covered Patio or Porch
  • Outdoor Storage
  • Built-In Barbecue

Schools

  • Desert Sun Academy Elementary School
  • Sonoran Trails Middle School
  • Cactus Shadows High School

Utilities

  • Zoned Heating and Cooling System
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 512
  • Assessor Parcel Number 217-04-338

Community Details

Overview

  • Association fees include ground maintenance, (see remarks), street maintenance
  • Desert Highlands Association, Phone Number (480) 419-3712
  • Dh Service Fee Association, Phone Number (480) 419-3745
  • Association Phone (480) 419-3745
  • Built by Red Moon Homes
  • Desert Highlands Subdivision

Amenities

  • Concierge
  • Recreation Room

Recreation

  • Golf Course Community
  • Tennis Courts
  • Pickleball Courts
  • Fitness Center
  • Heated Community Pool
  • Bike Trail

Security

  • Gated with Attendant

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,674

Year Built

Built in 1986

Lot Details

0

HOA Fees

$2,050 per month

Parking

3

Listing Details

  • Cross Street: Pima Rd & Happy Valley Rd
  • Legal Info Range: 5E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2 Name: DH Service Fee
  • HOA #2 Phone Number: 480-419-3745
  • HOA #2: Y
  • HOA #3 Fee: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 2050.0
  • Basement: N
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 1986
  • Spa Private: Yes
  • Tax Year: 2024
  • Directions: From Pima go East on Happy Valley RD for 1.3 miles to the round about, north to Golf Club Dr to the Guarded entranced of Desert Highlands, ask the Guard for directions/map as GPS isn't correct
  • Attribution Contact: 480-600-6606
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.97
  • Co List Office Mls Id: eavs003
  • Co List Office Phone: 480-515-5900
  • Subdivision Name: Desert Highlands
  • Architectural Style: Spanish, Santa Barbara/Tuscan
  • Efficiency: Multi-Zones
  • Property Attached Yn: No
  • Association Fees:HOA Fee2: 1925.0
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Technology:Cable TV Avail: Yes
  • Windows:Low-E: Yes
  • Cooling:Central Air: Yes
  • Windows:Solar Screens: Yes
  • Water Source City Water: Yes
  • Fireplace Features Fireplace Living Rm: Yes
  • Fireplace Features Fireplace Family Rm: Yes
  • Fireplace Features Gas Fireplace: Yes
  • Kitchen Features:Gas Cooktop: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Tile, Wood
  • Basement YN: No
  • Spa Features: Private
  • Appliances: Gas Cooktop
  • Possible Bedrooms: 6
  • Total Bedrooms: 4
  • Fireplace Features: 3+ Fireplace, Family Room, Living Room, Gas
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Granite Counters, Double Vanity, Upstairs, Eat-in Kitchen, Breakfast Bar, 9+ Flat Ceilings, Elevator, Kitchen Island, Pantry, Bidet, Full Bth Master Bdrm, Separate Shwr & Tub, Tub with Jets
  • Living Area: 6821.0
  • Stories: 2
  • Window Features: Low-Emissivity Windows, Solar Screens, Dual Pane, Mechanical Sun Shds, Wood Frames
  • Community Features:ClubhouseRec Room: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:BikingWalking Path: Yes
  • Community Features:Comm Tennis Court(s): Yes
  • Community Features:Guarded Entry: Yes
  • Community Features:Pickleball Court(s): Yes
  • Community Features:Workout Facility: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Community Features:On-Site Guard: Yes
  • Kitchen Features:Reverse Osmosis: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Other Rooms:BonusGame Room: Yes
  • Kitchen Features:Multiple Ovens: Yes
  • Community Features:Concierge: Yes
  • Other Rooms:ExerciseSauna Room: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Gated: Yes
  • Community Features:Golf: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Block, Wrought Iron
  • Exterior Features: Balcony, Private Street(s), Storage, Built-in Barbecue
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Desert Back, Desert Front, Synthetic Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: Diving Pool
  • Pool Private: Yes
  • View: City Light View(s), Mountain(s)
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Painted, Stone
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Tile, Built-Up
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Built-in BBQ: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Balcony: Yes
  • Exterior Features:Storage: Yes
  • Exterior Features:Private Street(s): Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Garage Door Opener, Direct Access
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Direct Access: Yes

Utilities

  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: Wshr/Dry HookUp Only
  • Security: Security System Owned, Security Guard
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Golf, Pickleball, Gated, Guarded Entry, Concierge, Tennis Court(s), Biking/Walking Path, Fitness Center
  • Association #2 Fee: 750.0
  • Association #2 Fee Frequency: Semi-Annually
  • Association Fee: 1925.0
  • Association Fee Frequency: Monthly
  • Association: DH Service Fee
  • Association Name: Desert Highlands
  • Association Phone #2: 480-419-3745
  • Phone: 480-419-3712
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA DisclosureAddendum Affirmation: Yes
  • Association Fees:HOA Transfer Fee2: 190000.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Desert Highlands
  • Association Fees:HOA Telephone4: 480-419-3712
  • Association Fees:Special Assessment HOA: Yes
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 100.0
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Prepaid Association Fees HOA: 3800.0
  • Association Fees:Disclosure Fees HOA: 200.0
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Paid Frequency 2: Semi-Annually
  • Association Fees:Special Assessment HOA 2: No
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:Street Maint: Yes
  • Association Fee Incl:Other (See Remarks)5: Yes
  • Association Fees:Special Assessment Amount Owed: 100.0
  • Association Fees:Special Assessment Frequency: Monthly
  • Association Fees:Payment Start Date: 2019-04-01
  • Association Fees:Payment End Date: 2028-09-01

Fee Information

  • Association Fee Includes: Maintenance Grounds, Other (See Remarks), Street Maint

Schools

  • Elementary School: Desert Sun Academy
  • High School: Cactus Shadows High School
  • Junior High Dist: Cave Creek Unified District
  • Middle Or Junior School: Sonoran Trails Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 42035.0
  • Parcel #: 217-04-338

Building Info

  • Builder Name: Red Moon Homes

Tax Info

  • Tax Annual Amount: 8674.0
  • Tax Book Number: 217.00
  • Tax Lot: 512
  • Tax Map Number: 4.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 3, 2025
Closed on
Aug 26, 2025
Sold by
Christos B Marinakos Family Trust and Marinakos Christopher B
Bought by
Cole W Greg W and Cole Vivi A
Seller's Agent
Dana Bloom
Engel & Voelkers Scottsdale
Buyer's Agent
Dana Bloom
Engel & Voelkers Scottsdale
List Price
$3,498,000
Sold Price
$3,450,000
Premium/Discount to List
-$48,000
-1.37%
Views
42

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
34.86%
Original Mortgage
$2,760,000
Outstanding Balance
$2,760,000
Interest Rate
5.92%
Mortgage Type
New Conventional
Estimated Equity
$752,466

Purchase Details

Closed on
Jun 29, 2023
Sold by
Christos B Marinakos Family Trust
Bought by
Cutlip-Marinakos Residence Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,012,853
Interest Rate
6.79%
Mortgage Type
Construction

Purchase Details

Closed on
Jun 28, 2023
Sold by
Christos B Marinakos Family Trust and Marinakos Christos B
Bought by
Cutlip-Marinakos Residence Trust and Marinakos

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,012,853
Interest Rate
6.79%
Mortgage Type
Construction

Purchase Details

Closed on
Mar 10, 2022
Sold by
Cutlip-Marinakos Residence Trust
Bought by
Christos B Marinakos Family Trust

Purchase Details

Closed on
Sep 5, 2014
Sold by
Marinakos Christos B and The Christos B Marinakos Famil
Bought by
The Cutlip Marinakos Residence Trust

Purchase Details

Closed on
Jun 9, 2011
Sold by
Marinakos Christos B
Bought by
Marinakos Christos B and The Christos B Marinakos Famil

Purchase Details

Closed on
Jul 5, 2000
Sold by
Marinakos Chris B
Bought by
The Chris B Marinakos Family Trust

Purchase Details

Closed on
Jun 6, 2000
Sold by
Fletcher Philip B and Fletcher Lillie S
Bought by
Marinakos Chris B

Purchase Details

Closed on
Apr 4, 2000
Sold by
Marinakos Chris B and The Chris B Marinakos Family T
Bought by
Marinakos Christos B
Source: Public Records

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $3,450,000 Fidelity National Title Agency
Quit Claim Deed -- Navi Title Agency
Quit Claim Deed -- Navi Title Agency
Quit Claim Deed -- Navi Title Agency
Quit Claim Deed -- Navi Title Agency
Quit Claim Deed -- Thies & Cook Pllc
Quit Claim Deed -- Thies & Cook Pllc
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Fidelity Title
Warranty Deed $1,350,000 Fidelity National Title
Interfamily Deed Transfer -- Stewart Title & Trust
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,760,000 New Conventional
Previous Owner $1,012,853 New Conventional
Previous Owner $1,012,853 New Conventional
Previous Owner $975,000 New Conventional
Previous Owner $961,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/02/2025 09/02/25 Sold $3,450,000 -1.4% $506 / Sq Ft
02/21/2025 02/21/25 Pending -- -- --
01/03/2025 01/03/25 For Sale $3,498,000 -- $513 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $8,674 $157,495 -- --
2024 $7,474 $149,995 -- --
2023 $7,474 $181,230 $36,240 $144,990
2022 $7,226 $136,050 $27,210 $108,840
2021 $8,025 $132,410 $26,480 $105,930
2020 $8,353 $131,320 $26,260 $105,060
2019 $8,248 $128,100 $25,620 $102,480
2018 $8,213 $125,660 $25,130 $100,530
2017 $7,840 $125,360 $25,070 $100,290
2016 $7,867 $120,630 $24,120 $96,510
2015 $7,387 $115,530 $23,100 $92,430
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6799499

Arizona Regional Multiple Listing Service (ARMLS)

APN: 217-04-338